According to a top analyst who is bullish on Ethereum and its rival Solana, both ETH and SOL could spark significant rallies in the months to come.
A top analyst says he’s keeping an eye on the smart contract platforms Ethereum (ETH) and Solana (SOL), as he believes that, depending on how the month ends, both assets could experience significant price increases. Anonymous analyst DonAlt tweets to his 411,100 followers that if Ethereum is able to hold above its monthly support level, […]
BTC Markets, an Australian cryptocurrency exchange, has been granted a finance service licence.
For BTC and cryptocurrency-related businesses, certain countries have mandated rules. For instance, a legislation mandates that all cryptocurrency exchanges and service providers hold a financial licence. These rules are necessary because the use of cryptocurrency is becoming more widely used in frauds and criminal activity. Many countries are on edge as digital assets and crimes […]
Charles Hoskinson of Cardano suggests a revolutionary method for regulating cryptocurrency
Charles Hoskinson, the creator of Cardano and a co-founder of Ethereum, has recommended to the US Congress a different strategy for regulating cryptocurrencies and activities related to them. The suggested strategy incorporates principles based on software. Charles Hoskinson thinks that self-regulation through crypto technology is possible. Hoskinson suggested that the software developers associated with the […]
Officers Committee recommends postponing the decision to impose GST on cryptocurrency.
The Fitment officers Committee determined that it was essential to list all relevant supply related to the crypto-ecosystem that are subject to GST, together with their type—whether they are products or services—and the associated rate. The GST Council has been advised to postpone a judgement regarding the taxability of cryptocurrencies and other virtual digital assets […]
Launch of blockchain-based trade finance scheme by RBI and Indian banks
The project is being led by the central bank’s Innovation Hub in Bangalore, which is supported technologically by IBM, SettleMint in Belgium, and Corda Technologies in the United States. Fast facts on blockchain-based trade finance The central bank’s project aims to stop letters of credit fraud by integrating blockchain technology into the fundamental banking system. […]
Do Kwon Is “Greatly Confident” That Terra Ecosystem Can Regain Its Former Glory
As regulators investigate whether Do Kwon — who founded Terraform Labs — was running a Ponzi scheme in the wake of the stunning demise of the UST stablecoin and the Luna governance token last month, the embattled CEO is fiercely defending his actions. In a recent interview, Do Kwon noted that the catastrophic collapse of […]
Solana Introduces the Web3 Smartphone
One of the first attempts in the market to expand Web3 technology beyond the desktop will be made by Solana when it launches a mobile phone. A dApp store, the Solana SDK, and hardware private key security features will all be built into the phone. Web3 Smartphone A new mobile phone is being introduced by […]
Shopify Reveals Range of New Crypto Features
Shopify unveiled a range of new features today, including the ability for online merchants to create “tokengated” stores designed to incentivize fans to hold brand tokens. The Emergence of “Tokengated” Retail By Shopify Shopify is improving its platform to enable connections between customers and retailers via their cryptocurrency wallets. According to its website, Shopify is […]
What Difference Polygon Is Making in the Fight Against Climate Change
Recent fight that Polygon initiated against climate change and the announcement that it has achieved carbon neutrality may give its native token the boost it needs to continue rising. The native token, MATIC, has been experiencing issues since the start of 2022. Its value has dropped by about 86.09 percent since hitting an all-time high […]
‘Buying The Dip’: As holdings reach record highs, Bitcoin whales scoop up $2.4 billion worth of BTC in days.
Retail traders all over the world are terrified as Bitcoin (BTC) experiences a turbulent period. The biggest Bitcoin whales are shrewdly increasing their positions despite the panic, and their holdings have established a new network record. Giga-Whales are displaying their strength. The biggest Bitcoin whales are aggressively increasing their holdings, and they have reached an […]